Veebee Yarnntex Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 250.97 Cr
- Satisfied Charges ₹ 190.99 Cr
- Revenue Growth 16.42%
- Profit Growth -105.86%
- Ebitda -57.19%
- Net Worth -2.27%
- Total Assets 2.96%
About Veebee Yarnntex
Veebee Yarnntex Private Limited (VYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2004 and has a history of 20 years and 11 months. Its registered office is in Virudhunagar, Tamil Nadu, India.
The Corporate was formerly known as Shree V B Spintex Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹250.97 Cr. The company has closed loans amounting to ₹190.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Veebee Yarnntex Private Limited India is Natarajan Santhi as COMPANY SECRETARY. Alagarsamy Saravanakumar and Saravanakumar Ramapriya serve as directors at the Company.
Company Details
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Location
Virudhunagar, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TN2004PTC052510
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Company No.
052510
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Feb 2004
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Veebee Yarnntex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alagarsamy Saravanakumar
|
Managing Director | 11-Feb-2004 | Current |
| Natarajan Santhi | Company Secretary | 25-Mar-2021 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Saravanakumar Ramapriya
|
Whole-Time Director | 11-Feb-2004 | Current |
Financial Performance of Veebee Yarnntex.
Veebee Yarnntex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.42% increase. The company also saw a substantial fall in profitability, with a 105.86% decrease in profit. The company's net worth dipped by a decrease of 2.27%.
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What is the Ownership and Shareholding Structure of Veebee Yarnntex?
In 2023, Veebee Yarnntex had a promoter holding of 74.75% and a public holding of 25.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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L.S. Mills LimitedAlagarsamy Saravanakumar is a mutual person
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Subburaaj Cotton Mill Private LimitedAlagarsamy Saravanakumar and Saravanakumar Ramapriya are mutual person
Charges (Loans)
₹250.97 Cr
₹190.99 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 212.31 Cr
- Hdfc Bank Limited : 38.57 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2021 | Hdfc Bank Limited | ₹38.57 Cr | Open |
| 01 Dec 2021 | State Bank Of India | ₹212.31 Cr | Open |
| 18 Mar 2021 | Others | ₹0.86 M | Open |
| 30 Jul 2021 | Axis Bank Limited | ₹33.00 Cr | Satisfied |
| 08 Sep 2007 | Tamilnadu Mercantile Bank Ltd | ₹0.45 M | Satisfied |
How Many Employees Work at Veebee Yarnntex?
Veebee Yarnntex has a workforce of 967 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veebee Yarnntex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veebee Yarnntex's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
